Michael V. Salm
Chief Investment Officer, Fixed Income
Mr. Salm is Chief Investment Officer of Fixed Income and a member of Putnam's Operating Committee. He
is responsible for the overall strategy and positioning of Putnam’s fixed-income portfolios. Mr. Salm
specializes in investment strategies related to mortgage and structured credit products and interest-rate
and volatility derivatives. He joined Putnam in 1997 and has been in the investment industry since 1989.
Mr. Salm is a portfolio manager of Putnam Diversified Income Trust, Putnam Global Income Trust,
Putnam Fixed Income Absolute Return Fund, Putnam Income Fund, Putnam Master Intermediate Income
Trust, Putnam Mortgage Securities Fund, Putnam Premier Income Trust, Putnam Ultra Short Duration
Income Fund, and 37 Capital's Structured Credit strategies. Previously at Putnam, he served as Co-Head
of Fixed Income.
Closed End Funds |
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|---|---|---|---|---|
| Master Intermediate Income Trust | ||||
| Premier Income Trust | ||||
More from the Fixed Income team
A look at leveraged loans and CLOs
A recent Active Insights podcast features a discussion of leveraged loans, and collateralized loan obligations (CLOs).
U.S. recession ifs and whens
The U.S. will likely avoid a recession in 2022, in our view. That risk rises next year as the Fed raises rates and China decelerates.
Munis after Q1 — and April — and 8 reasons why we are still constructive
While munis suffered a bad quarter to start 2022, brighter days may be ahead amid strong fundamentals.